In Today's Update:
1) Stocks started today's trading session higher but faded and closed mostly lower led by the Healthcare sector. The Dow Jones Industrial Average dropped 3.12 or 0.01%, the S&P 500 fell 6.61 or 0.23% while the Nasdaq 100 closed lower by 4.15% or 0.05% and the Russell 2000 finished lower by 15.19 or 0.96%.
2) Crude Oil Futures traded slightly lower while Gold Futures were mostly flat after a late-day rally in the U.S. dollar. The Bond market was also flat and the yield on the 10-year Treasury Note held steady at 2.591%.
3) Shares of Apple Inc. (AAPL) have recovered more than half of the loss they sustained late last year and look poised for more gains. Traders and Investors celebrated Apple's settlement with Qualcomm (QCOM) pushing Apple shares higher by $3.88 or 1.95% today and many believe they could be trading back at their all-time high very soon.